Who What Why: Does the FEC Have a Plan to Deal With Crypto?

04.27.2023 / By NOAH BRIGGS
Who What Why: Does the FEC Have a Plan to Deal With Crypto?

“It’s just such an unregulated sphere that I think it poses challenges to all three pillars of our campaign finance law,” said Stephen Spaulding, a campaign finance expert at Common Cause.  “We know that its value is what it is on the day it’s received by the campaign, but then its value can fluctuate wildly and be manipulated in a way that redounds to the benefit of the campaign,” Spaulding said. “We have contribution limits in place for a reason, to guard against corruption and the appearance of corruption,” Spaulding said.

“It’s just such an unregulated sphere that I think it poses challenges to all three pillars of our campaign finance law,” said Stephen Spaulding, a campaign finance expert at Common Cause.

“We know that its value is what it is on the day it’s received by the campaign, but then its value can fluctuate wildly and be manipulated in a way that redounds to the benefit of the campaign,” Spaulding said.

“We have contribution limits in place for a reason, to guard against corruption and the appearance of corruption,” Spaulding said.

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